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Medidata Exchange Limited

09481183

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

TY DERW, LIME TREE COURT MULBERRY DRIVE, CARDIFF, CF23 8AB
Incorporated 10/03/2015

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 18/07/2025

Due 01/08/2026

On track

Industry

62012
Business and domestic software development

Officers

Mr Richard John Freeman

director · Since 10/07/2017

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 3 other boards

Mr Charles Edwin Brown

secretary · Since 15/08/2017

Also on 36 other boards

Mr Charles Edwin Brown

director · Since 07/09/2022

CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 72

Also on 36 other boards

Mr Nicholas Freeman

director · Since 01/11/2023

CHIEF OPERATING OFFICER

BRITISH · ENGLAND · Age 27

Dr Sneh Khemka

director · Since 01/01/2024

DOCTOR

BRITISH · ENGLAND · Age 50

Also on 7 other boards

Mr Benjamin Nicholas Davey

director · Since 14/10/2024

INDEPENDENT NON EXEC DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 1 other board

Persons with Significant Control

Former PSCs

Mr Charles Edwin Brown

Ceased 11/07/2017

Mr Richard John Freeman

Ceased 22/04/2021

Charges1 outstanding

Charge
outstanding

ROCKING HORSE SOLUTIONS UK LIMITED

Created 23/08/2023Registered 23/08/2023

CompanyRankvs 4147+ SIC 62012 peers
68

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.19× · 12/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity11/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/09/2024

Net Worth

£4.3M

Balance sheet strength

Cash

£512k

Cash in the bank

Net Current Assets

£179k

Working capital

Current Assets

£1.1M

Current Liabilities

£963k

Fixed Assets

£4.3M

Debtors

£630k

Profit After Tax

-£570k

42avg. employees

Balance Sheet

Intangible assets£4.3M
Bank loans & overdrafts£167k
Assets less current liabilities£4.5M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.19+£796k
20230.95+£352k
20221.56+£1.0M
20210.96+£883k
20200.64+£427k
20190.30+£224k

Derived from filed accounts. Not audited figures.